January 21, 2017 3:37 AM ET

Electrical Equipment

Company Overview of L&T Electricals and Automation Limited

Company Overview

L&T Electricals and Automation Limited designs and implements drive controls, automation and UPS related projects. L&T Electricals and Automation Limited was formerly known as L&T Strategic Management Limited. The company was founded in 2007 and is based in Mumbai, India. L&T Electricals and Automation Limited operates as a subsidiary of Larsen & Toubro Ltd.

L&T House

N M Marg

Ballard Estate

Mumbai,  400001

India

Founded in 2007

Key Executives for L&T Electricals and Automation Limited

L&T Electricals and Automation Limited does not have any Key Executives recorded.

L&T Electricals and Automation Limited Key Developments

L&T Electricals and Automation Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016

L&T Electricals and Automation Limited reported earnings results for the fourth quarter and full year ended March 31, 2016. Customer revenue during the quarter stood at INR 14,260 million recording a year on year decline of 9%. For the year, the company reported customer revenue of INR 49,610 million, registering a marginal drop of 2%. For the year, the EBITDA margin stood at 13.9%, recording a decrease over 14.8% earned during the previous year mainly on account of competitive pressures and lackluster performance of Middle East Subsidiaries.

L&T Electricals and Automation Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015

L&T Electricals and Automation reported unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported revenue of INR 13,751.7 million compared to INR 13,594.7 million a year ago. Profit before interest and tax was INR 1,141.7 million compared to INR 1,390.8 million a year ago. For the nine months, the company reported revenue of INR 38,471.4 million compared to INR 37,143.6 million a year ago. Profit before interest and tax was INR 2,905.7 million compared to INR 3,147.2 million a year ago.

Larsen & Toubro Mulls Listing Of Units

Larsen & Toubro Limited (BSE:500510) plans to list its units in the next three years. Larsen & Toubro told JP Morgan that it intends to get Larsen & Toubro Infotech Limited and L&T Technology Services Ltd, Larsen and Toubro Electrical and Automation, and L&T Power Limited listed on exchange.

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Recent Private Companies Transactions

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